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what europe wants is these countries, mainly germany to bail the rest of europe out. germany has balked at that quite a bit. merkel has an election coming up soon. i don't think you'll see germany doing a lot of bailing out the rest of europe. and europe is the number one global concern to this day. if europe doesn't do well, the rest of the world economy is going to suffer. >> gregg: what about japan? is it insolvent already? >> yeah. a lot of people believe so. that will be a big story in 2014. just recently japan announced that they are going to start printed ago lot of money and last week, you saw the yen drop in value 15% which means that, if what we are company exporting to japan that just hurts our sales quite a bit because the value of their yen is less. so not able to buy as many products which is then, gregg, to hurt our stock market because a lot of our growth comes outside our borders of the united states. this is is a problem that goes directly to nks 401-k plan. >> then there is china which is the growth juggernaut but it accelerated? >> in fact the begi
what europe wants is these countries, mainly germany to bail the rest of europe out. germany has balked at that quite a bit. merkel has an election coming up soon. i don't think you'll see germany doing a lot of bailing out the rest of europe. and europe is the number one global concern to this day. if europe doesn't do well, the rest of the world economy is going to suffer. >> gregg: what about japan? is it insolvent already? >> yeah. a lot of people believe so. that will be a big...
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and the libyan blood is more important it's just critical a stand so you do see fall from travels to europe to direct attention to what he believes to be brutal repression in his country he and others like him have managed to alert human rights organizations but that's as far as it goes they go. clinton made a statement about the. human rights situation in bahrain and this. one protester was killed you know and show you that there is no impact on the ground we are a victim in bahrain because we live in a country they condemn the violence committed by the bahraini government against the peaceful protests there and beheading but that is still continuing for decades bahrain has been one of washington's closest allies in the gulf its naval base houses the u.s. fifth fleet and six thousand troops the seemingly irreversible decision made decades ago despite a growing anti-american mood among some of bahrain's neighbors. anything happens the bushehr plant or any of the other plants that there are allegations of a nuclear weapon being built we are very close to all of those sites and we have to mak
and the libyan blood is more important it's just critical a stand so you do see fall from travels to europe to direct attention to what he believes to be brutal repression in his country he and others like him have managed to alert human rights organizations but that's as far as it goes they go. clinton made a statement about the. human rights situation in bahrain and this. one protester was killed you know and show you that there is no impact on the ground we are a victim in bahrain because we...
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Dec 30, 2012
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the need to stop and europe. at the same time, we spend a huge -- we need to cure it and stop it. we are spending more on autism and when i first part of this crusade. but we need to spend more. than when i first joined this crusade. but we need to spend more. we need to spend more money finding out how to stop this. we're not spending enough. the n.i.h. gets billions of dollars. this is an epidemic that must be dealt with. if you have an autistic child, that child will probably live to be 70 years old. you probably will not be able to take care of this child past 80 or 20. -- 18 or 20. people are losing their homes. there mortgaging their homes to help their kids, and it does not work. these kids will be a huge burden not only on their families, but on the taxpayers. we need to get the bottom of it as quickly as possible. cancer is important. my first wife died of cancer. aids is important. autism is an epidemic that will stick with us for the next 50 years. we have got to deal with that. >> with regard to the state of the u.s. economy, you have some important votes to cast befor
the need to stop and europe. at the same time, we spend a huge -- we need to cure it and stop it. we are spending more on autism and when i first part of this crusade. but we need to spend more. than when i first joined this crusade. but we need to spend more. we need to spend more money finding out how to stop this. we're not spending enough. the n.i.h. gets billions of dollars. this is an epidemic that must be dealt with. if you have an autistic child, that child will probably live to be 70...
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Dec 30, 2012
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one of the things that the people have been saying is we're turning into europe. that we'll be over taxed and people that can spend and create jobs in this country aren't going to want to. they won't have the liquidity and won't have the will because they'll want their own things to continue. let's see if we can watch senator graham. >> the sad news for the country is we've accomplished very little in terms of not becoming greece. it's a victory for the president and i hope we have the courage of our convictions to fight for what we believe as republicans. >> peter, what the senator is saying is this doesn't really solve the problem of the debt we're building up. >> no, it doesn't. we have all heard taxing high income individuals more would only raise 5% of the deficit. another statistics that will break your eyes. if we raised everybody's income tax by 50%, we'd likely only cut the deficit in half. that should explain to everyone why it is imperative we finally do something about rapidly escalating entitlement cost but the president refuses to come to the table.
one of the things that the people have been saying is we're turning into europe. that we'll be over taxed and people that can spend and create jobs in this country aren't going to want to. they won't have the liquidity and won't have the will because they'll want their own things to continue. let's see if we can watch senator graham. >> the sad news for the country is we've accomplished very little in terms of not becoming greece. it's a victory for the president and i hope we have the...